Overview
What is Wesley Neighborhood Inc?
Wesley Neighborhood Inc is a nonprofit organization, headquartered in Redding, California, with a specific focus on addressing the housing needs of low-income families. The mission of this organization is deeply rooted in providing affordable housing solutions, aiming to make a positive impact on the lives of those in need. While the information provided is limited, it is evident that Wesley Neighborhood Inc is committed to this cause, working tirelessly to ensure affordable housing is within reach for families who might otherwise struggle to secure it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Wesley Neighborhood Inc has received a One-Star rating from Charity Navigator, indicating significant concerns around its accountability and financial health. While the organization excels in areas such as having a fully independent board and maintaining a 100% program expense ratio, its overall score is severely impacted by high liabilities. The liabilities to assets ratio stands at 80.81%, raising red flags about its financial stability.
In terms of governance, the organization scores well on aspects like independent board members and documenting board meeting minutes, demonstrating some level of transparency and commitment to good practices. However, the absence of essential policies such as conflict of interest and whistleblower protections points to a lack of comprehensive governance structures which can hinder its effectiveness and trustworthiness.
The organization’s website is also lacking critical information, as it is missing from its tax form and does not provide its tax form on its site. This lack of transparency could deter potential donors who are looking for clear and accessible financial information. Overall, while Wesley Neighborhood Inc offers some strengths in governance, its financial health and transparency practices present significant challenges that potential supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Wesley Neighborhood Inc legitimate?
Wesley Neighborhood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Neighborhood Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wesley Neighborhood Inc?
Wesley Neighborhood Inc is committed to a mission that aims to provide affordable housing options for families with low income. Their primary objective is to ensure that everyone has access to safe and affordable living spaces, regardless of their financial situation. Through their activities, they strive to make a significant impact in the lives of these families, providing them with a sense of security and stability. By focusing on affordable housing, Wesley Neighborhood Inc plays a vital role in promoting social equality and fostering strong communities. While their mission is straightforward, its impact is far-reaching, improving the living conditions for numerous families in need.
Who is the CEO of Wesley Neighborhood Inc?
Bruce Ross is the Secretary of Wesley Neighborhood Inc.
What is the revenue of Wesley Neighborhood Inc?
Wesley Neighborhood Inc's revenue in 2022 was $33,023.
Who are the executives of Wesley Neighborhood Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Wesley Neighborhood Inc?
Wesley Neighborhood Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wesley Neighborhood Inc
Wesley Neighborhood Inc is dedicated to serving low-income families by providing them with affordable housing. This nonprofit organization's mission is centered around addressing the housing needs of families who are financially disadvantaged. By offering affordable housing, Wesley Neighborhood Inc aims to contribute to the well-being and stability of these families, allowing them to focus on other essential aspects of their lives. The organization's mission is a vital step towards ensuring that everyone has access to a safe and affordable place to call home, regardless of their income level.
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Impact
August, 2024
Wesley Neighborhood Inc's impact is significant in providing affordable housing to low-income families in Redding, CA. Their mission to offer affordable housing opportunities plays a crucial role in addressing the housing needs of these vulnerable populations and improving their quality of life. Through their efforts, Wesley Neighborhood Inc contributes to creating a more stable and sustainable community for low-income families in need of housing support.
This information is meant to be a general summary of Wesley Neighborhood Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $132,268
Assets and Liabilities:
- Total Assets: $1,345,798
- Total Liabilities: $1,091,536
- Net Assets: $254,262
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Organization Details
Founding Year
1999
Phone
(530) 229-3769Principal Officer
Bruce Ross
Main Address
PO BOX 992716, REDDING, CA, 960992716
NTEE Category
Code: L80 - Housing
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